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LNG import capability within the EU and the UK will develop by 34%, or 6.8 billion ft3/d, by 2024 in contrast with 2021, in line with the Worldwide Group of Liquefied Pure Fuel Importers (GIIGNL) and commerce press knowledge. Expansions of import, or regasification, capability will complete 5.3 billion ft3/d by the top of subsequent 12 months and develop additional by an extra 1.5 billion ft3/d by the top of 2024, says EIA.
LNG regasification capability within the EU-27 and the UK remained comparatively stabled and expanded modestly within the final 10 years, by 2.8 billion ft3/d (16%), from 17.5 billion ft3/d in 2012 to twenty.2 billion ft3/d on the finish of 2021, in line with knowledge from GIIGNL. Since Russia’s full scale invasion of Ukraine in February 2022 and the discount in pure gasoline pipeline imports from Russia that adopted, European international locations have reactivated growth of beforehand dormant regasification tasks and have began growth of recent tasks, in line with EIA.
Most of the new regasification tasks in Europe may be developed comparatively shortly by chartering FSRUs and by constructing pipelines to move regasified pure gasoline to connecting pipelines onshore. Different regasification tasks in Europe will develop capability on the current onshore terminals and implement upgrades to extend current terminals’ throughput.
To this point this 12 months, roughly 1.7 billion ft3/d of the brand new and expanded LNG regasification capability has been added within the Netherlands, Poland, Finland, Italy, and Germany. The brand new EemsEnergy terminal within the Netherlands (0.8 billion ft3/d capability) consists of two FSRU vessels and acquired its first import cargo in September 2022. A brand new FSRU terminal at Wilhelmshaven Port in Germany (0.7 billion ft3/d capability) has been accomplished in November 2022.
Regasification terminals at the moment beneath building in seven EU international locations might add an extra 3.5 billion ft3/d of recent capability by the top of 2023:
- Germany is creating three new FSRU terminals, which is able to cumulatively add 1.4 billion ft3/d of regasification capability at Lubmin, Brunsbuttel, and Wilhelmshaven. Two terminals (at Lubmin and Brunsbuttel) are anticipated to start out operations this winter, and the second terminal at Wilhelmshaven is anticipated on-line in 2023.
- Poland will develop capability on the current LNG regasification terminal at Swinoujscie by 0.2 billion ft3/d to achieve a complete capability of 0.8 billion ft3/d by December 2023.
- France will add 0.4 billion ft3/d of regasification capability utilizing an FSRU vessel referred to as Cape Anne at Le Havre port, which is anticipated to return on-line in Fall 2023.
- Finland and Estonia are collectively creating an FSRU terminal within the Finnish port of Inkoo, which is able to add 0.5 billion ft3/d capability and is anticipated to return on-line this winter.
- Italy is creating an FSRU terminal close to the port of Piombino, which is able to add 0.5 billion ft3/d of capability and can seemingly come on-line in Spring 2023.
- Greece will convey on-line an FSRU vessel at Alexandroupolis port by the top of 2023, with 0.5 billion ft3/d of regasification capability.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/01122022/eia-europes-lng-import-capacity-set-to-expand-by-one-third-by-end-of-2024/
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